Rwanda: Eighth Review Under the Policy Support Instrument and Request for Extension, and Third Review Under the Standby Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Rwanda

January 18, 2018

Preview Citation

Format: Chicago

Rwanda: Eighth Review Under the Policy Support Instrument and Request for Extension, and Third Review Under the Standby Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Rwanda, (USA: International Monetary Fund, 2018) accessed September 21, 2024

Summary

This paper discusses Rwanda’s Eighth Review Under the Policy Support Instrument (PSI) and Request for Extension, and Third Review Under the Standby Credit Facility (SCF). The existing PSI and SCF arrangement have supported Rwanda’s efforts to address external imbalances, thereby supporting continued strong growth and durable poverty reduction. The SCF arrangement added a financing component to the existing PSI-supported program, which aims to promote private-sector led growth through safeguarding macroeconomic stability, including through external sustainability, fiscal sustainability based on continued improvements in domestic resource collection, low and stable inflation, and enhancing access to credit and deepening the financial sector.

Subject: External debt, Financial institutions, Fiscal policy, Fiscal risks, Fiscal stance, Loans, Monetary base, Money, Public debt, Public financial management (PFM)

Keywords: Africa, CR, Fiscal risks, Fiscal stance, ISCR, Loans, Monetary base, National bank of Rwanda, NPL ratio, SCF arrangement, Staff appraisal, Y growth

Publication Details

Pages:

64
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/013
Stock No:

1RWAEA2018001
ISBN:

9781484338070
ISSN:

1934-7685

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